Modulr Achieves Profitability as it enters its 10th Year, processing £180bn in annualised payment value
London, UK | 4th February 2026 – Modulr, the payments automation platform built to scale, today announced that it has reached profitability as it enters its 10th year, marking a new phase in the company’s growth as it continues to support businesses with complex, high-volume payment operations across the UK, Europe and the US.
The milestone reflects sustained growth in transaction volumes and continued investment in product development and platform capability. Modulr processes more than 200 million transactions and over £180 billion in payment value on an annualised basis, for thousands of businesses ranging from SMEs to global enterprises. The business employs more than 400 people and is continuing to hire, with teams based across the UK, Europe, the US and India.
“Delivering net profit on a full-year basis in 2025 was an important milestone for the business”, said Myles Stephenson, Founder & CEO of Modulr. “As we enter our 10th year, it reflects a decade of deliberate choices around where we play, how we build, and how we operate. We are continuing to invest in our customers, our people and our products”.
Modulr’s platform automates high-friction business payment flows, including payroll, supplier payments and collections, integrating directly into customers’ existing finance and operating systems. The company operates with regulatory permissions across the UK and Europe and maintains direct access to core payment schemes, providing the control and uptime required for mission-critical finance operations.
Growth has been driven by increasing adoption in sectors where payment complexity and operational risk are highest, including travel, lending, accounting and payroll. Earlier this year, the company also announced its expansion into the US through a strategic partnership with FIS, providing the payment execution layer for FIS’ Money Movement Hub and supporting real-time payments for US banks.
“This is a foundation, not an endpoint,” added Stephenson. “It gives us greater flexibility to accelerate investment in the markets where business payments remain the most complex – particularly as we expand in the US and deepen our capabilities in AI-powered automation. Our focus remains on building products that businesses can rely on as they scale globally”.
ENDS
About Modulr
Modulr is the payments automation platform that streamlines money movement with accuracy, control and reliability - built to scale. Driving the future of finance operations, Modulr automates payment and reconciliation workflows to remove manual work, lower operational costs and reduce errors.
Processing more than 200 million transactions and over £180 billion in payment value on an annualised basis, Modulr is trusted by over 6,000 businesses – from fast-growing SMEs to global enterprises.
Modulr provides a single platform for automating how money moves into and out of a business - including payroll, supplier payments, spend management and payment collection. Its integrations hub connects with more than 20 leading accounting and payroll systems, including Sage, Xero, BrightPay and QuickBooks, to enable automated money movement directly within existing finance workflows.
Principal membership of global payment networks such as Visa and Mastercard, combined with direct access to central bank infrastructure, provides the reach, speed and resilience required for modern international finance operations.
Modulr brings over a decade of experience as a regulated payments provider, backed by deep industry expertise, delivering the reliability required to run mission-critical finance operations at scale.
Learn more at modulrfinance.com
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